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Pakistan approves $1.25 bln rail plan to link Gwadar port

Nasir

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Pakistan approves $1.25 bln rail plan to link Gwadar port

ISLAMABAD, May 8 (Xinhua) -- The Pakistani government has approved a 75-billion-rupee (1.25 billion U.S. dollars) plan to connect Gwadar port by rail to streamline cargo movement, local media reported on Monday.

Addressing a press conference here on Sunday, Pakistani Minister for Railways Shaikh Rashid said the government would invite private sector to participate in the mega project, according to local newspaper DAWN.

Pakistan Railways, the state-run service, will be revolutionized at a rapid pace through optimum utilization of available resources, the minister said.

Authorities are examining ways to increase train fares in such a way that the burden is shifted to people traveling in air-conditioned and upper class compartments, according to the report.
The minister said that private companies would be allowed to run some new trains, adding that they would pay track access charges. Enditem

http://news.xinhuanet.com/english/2006-05/08/content_4522020.htm
 
1.25 billion$$$ for a rail link frm gwadar to karachi?

Wat the hell are the gonna run on it a Jumo jet?
 
2006!!!!!!!!!!!

Four years old thread!!!!!!!!!!!!
 
1.25 billion$$$ for a rail link frm gwadar to karachi?

Wat the hell are the gonna run on it a Jumo jet?

despite after 4 years....no progress has been made so far :lol:
Now the government is awaiting for Chinese investment as the new government is successfully running its "No-Money" policy
 
1.2 billion is quite alot , most european countries can build same project for 100-200 million dollars

You are just laying down , steel rails not a trip to moon

Local Pakistani companies could have done it for 40 millin contract with Pakistani Labour
 

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